Hydrokraft

Molde, Norway Founded: 2018 • Age: 8 yrs Acquired By Arkon Energy
Distributed data centers powered by excess renewable energy are provided.
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About Hydrokraft

Hydrokraft is a company based in Molde (Norway) founded in 2018 was acquired by Arkon Energy in November 2022.. Hydrokraft operates in a competitive market with competitors including Crusoe, Lancium, Aruba, Vantage Data Center Services and Nautilus Data Technologies, among others.

  • Headquarter Molde, Norway
  • Sectors
    Technology
    Energy & Utilities
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Cloud, Data & Analytics Infrastructure
Energy & Utilities → Renewable & Clean Energy
Key Metrics
  • Annual Revenue
    $2.12 M (USD)
    86
    as on Dec 31, 2021
  • Net Profit
    $438.69 K (USD)
    212
    as on Dec 31, 2021
  • EBITDA
    $868.09 K (USD)
    172
    as on Dec 31, 2021
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Arkon Energy

    (Nov 17, 2022)

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Funding Insights of Hydrokraft

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Hydrokraft

Hydrokraft has secured backing from 1 investor. Prominent investors backing the company include Arkon Energy. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Investor Description Founded Year Domain Location
Sustainable Bitcoin mining is powered by excess renewable energy.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Hydrokraft

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Hydrokraft

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Hydrokraft Comparisons

Employees
+
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Competitors of Hydrokraft

Hydrokraft operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Crusoe, Lancium, Aruba, Vantage Data Center Services and Nautilus Data Technologies, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Cloud infrastructure and AI-optimized data centers are provided.
domain founded_year HQ Location
Cloud-based portfolio management software is provided for renewable energy.
domain founded_year HQ Location
Housing and colocation service using Tier 4 data center
domain founded_year HQ Location
Elastic data center solutions and migration support are provided.
domain founded_year HQ Location
Modular data centers are deployed on water bodies for efficiency.
domain founded_year HQ Location
Hydrogen-powered green data centers are offered through a platform.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Hydrokraft

Frequently Asked Questions about Hydrokraft

When was Hydrokraft founded?

Hydrokraft was founded in 2018.

Where is Hydrokraft located?

Hydrokraft is headquartered in Molde, Norway. It is registered at Molde, Møre And Romsdal, Norway.

Who is the current CEO of Hydrokraft?

Thomas Gribbestad is the current CEO of Hydrokraft.

What is the annual revenue of Hydrokraft?

Annual revenue of Hydrokraft is $2.12M as on Dec 31, 2021.

What does Hydrokraft do?

Hydrokraft was founded in 2018 in Molde, Norway, and operates in the renewable energy sector. Distributed data centers are offered, where excess renewable power is utilized to reduce production costs. An immersion cooling solution for equipment is also provided, enabling efficient operations in various locations. The focus remains on integrating sustainable energy sources into data center infrastructure.

Who are the top competitors of Hydrokraft?

Hydrokraft's top competitors include Crusoe, Lancium and Aruba.

Who are Hydrokraft's investors?

Hydrokraft has 1 investor. Key investors include Arkon Energy.

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